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Nov 27, 2012
11/12
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many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts? that's really my question. spending cuts and limited government and private sector free enterprise and growth. here now is cnbc contributor and democratic vat gist keith boykin, a former clinton white house aide and best selling author and talk show host larry elder, out with a new took, "dear father, dear son." larry already the show talking about the book. there may be a deal on taxes, i have no idea, but i don't hear any reductions in spending. wasn't $1.2 trillion sequester, larry. that seems to be gone, the across-the-board cuts. i want to ask you do you think it's possible that this whole exercise could wind up enlarging government, increasing the entitlement state and not doing what many of us want it to do? >> let me think about that. i've thought about that. unfortunately, larry, you are right. one of the republican favorite exercise according to my friend tom sowell is running for the him
many thanks to john harwood coming from washington, d.c. now, with everyone in washington talking tax hikes, whatever happened to spending cuts? that's really my question. spending cuts and limited government and private sector free enterprise and growth. here now is cnbc contributor and democratic vat gist keith boykin, a former clinton white house aide and best selling author and talk show host larry elder, out with a new took, "dear father, dear son." larry already the show talking...
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Nov 13, 2012
11/12
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we have a roreport from washington. then, more on how this story is shedding light on how anything you write can be accessed. pretty scary stuff and something to think about. >> really. in the markets right now, fractional gains right now. the dow jones industrial average off the best levels of the afternoon, but still showing a gain of about 17 points. looks like investors wait and see until we get some solutions on the fiscal cliff. nasdaq is negative by a fraction. down about four points. off of the worst levels, by the way. s&p 500 is up about 3 3/4 points at 1383. >> in today's "closing bell" exchange, we have carol roth, bruce mccain, and our own rick santel santelli. rick, i'm going to start with you today because we see that stutter step opening in the u.s. stock market. some of that could be attributable, i guess, to the plunge in spanish ten-year yields when rumors got out that maybe spain was going to ask for a bailout from the ecb. while we obsess so much on the fiscal cliff, the markets are paying close att
we have a roreport from washington. then, more on how this story is shedding light on how anything you write can be accessed. pretty scary stuff and something to think about. >> really. in the markets right now, fractional gains right now. the dow jones industrial average off the best levels of the afternoon, but still showing a gain of about 17 points. looks like investors wait and see until we get some solutions on the fiscal cliff. nasdaq is negative by a fraction. down about four...
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Nov 13, 2012
11/12
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washington doesn't need a whole new source of revenue. that would be just feeding the beast, as i would put it. >> actually, i do think washington needs more revenue. but i don't like the idea of a vat consumption tax. i like the idea of a consumption tax, which would eliminate the bias in the tax code against savings and investment. you'd get more revenue from economic growth. >> tax is generally meant to deter certain behaviors. when we talk about higher income taxes, draw your own conclusions. we know what the answer is not. that's the higher taxes on the wealthy. i've argued we should pass the bill, raise taxes on the wealthy, because it's not enough money to make a dent. >> listen, it's sort of a solution -- >> it's a solution for about a week and a half of revenue. >> right. it's not going to create any jobs. it's not going to create any growth. it's not going to do much about the debt. we're spending all this time and angst and political capital on something that in the long run does not solve any problem. >> chris, what would you
washington doesn't need a whole new source of revenue. that would be just feeding the beast, as i would put it. >> actually, i do think washington needs more revenue. but i don't like the idea of a vat consumption tax. i like the idea of a consumption tax, which would eliminate the bias in the tax code against savings and investment. you'd get more revenue from economic growth. >> tax is generally meant to deter certain behaviors. when we talk about higher income taxes, draw your...
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Nov 26, 2012
11/12
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she's been around washington for a long time, been involved with some organizations here in town over the past several years. she was an acting sec chair during 2009, the transition between the bush and obama administrations. but already people are starting to turn to the legacy here of mary shapiro who took office, as you recall, right in the depths of the financial crisis and right off the fraud by bermy nay do have had been exposed throughout the world with far reaching implications for the sechlt. c and how it governed regulation over financial markets. already folks looking at the legacy of shapiro. s.e.c. pointing out today that they've got a record number of enforcement actions in the past two years. 1,469, to be precise. also huge expanse of dodd-frank rule makings will be part of her legacy here. and response to the flash crash, another item that's going to be long lasting after she leaves this building on december 12 p. exchanges there forced to create an audit trail for the first time. financial historians will be digging through what mary shapiro's done for years to come.
she's been around washington for a long time, been involved with some organizations here in town over the past several years. she was an acting sec chair during 2009, the transition between the bush and obama administrations. but already people are starting to turn to the legacy here of mary shapiro who took office, as you recall, right in the depths of the financial crisis and right off the fraud by bermy nay do have had been exposed throughout the world with far reaching implications for the...
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Nov 26, 2012
11/12
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states and washington, d.c. earlier this year, the mega millions lottery reached a record $656 million. so let us know what you would do. there's a one in 176 million chance of winning. e-mail us. john has written into say i would purchase the spanish formula one teammate and a cancer radio unit. a good idea. if you've got any thoughts, e-mail us worldwide@cnbc.com. at cnbc weks or direct to m me, @rosswestgate. >>> after the break, a ble to the one group pushing mosts for a session. we'll have the latest from barcelona. and we'll show you where we stand with european stocks at the moment. and after good gains last week, just slightly softer today. the ftse 100 remember up 3.5% last week. just down half a percent for the ftse. we did see italian consumer confidence fall to an all-time low earlier this morning. spanish yields are slightly higher. guilt yields and bund yields just slightly lower. currently markets, dollar index down at a three week low this morning. two new members of the bank of japan come positi
states and washington, d.c. earlier this year, the mega millions lottery reached a record $656 million. so let us know what you would do. there's a one in 176 million chance of winning. e-mail us. john has written into say i would purchase the spanish formula one teammate and a cancer radio unit. a good idea. if you've got any thoughts, e-mail us worldwide@cnbc.com. at cnbc weks or direct to m me, @rosswestgate. >>> after the break, a ble to the one group pushing mosts for a session....
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Nov 28, 2012
11/12
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it could be another eventful day here in washington. back to you. >> eamon javers with that report from washington. joining us now, david simmons. welcome. are you confident they'll reach a deal? are you concerned about these comments from harry reid? >> i think you'll always get this sort of posturing. one of the things the republicans are waking up to is the vast majority of what's going to happen at the end of this year will affect what they want. when you look at it, it's 2/3 tax increases, 1/3 spending cuts. half of those spending cuts are going to come on the defense side. so you've only got 1/6 upsetting the democrats and 5/6 upsetting the republicans. the democrats are in a stronger porks i think it position. >> given the market reaction we saw yesterday is whether investors need to recalibrate their reaction that this will be resolved. if it's not, we know there will be economic fallout. but as it becomes more and more in the headlines, is there real risk that despite the improvement we've seen in consumer confidence, 9/11 busi
it could be another eventful day here in washington. back to you. >> eamon javers with that report from washington. joining us now, david simmons. welcome. are you confident they'll reach a deal? are you concerned about these comments from harry reid? >> i think you'll always get this sort of posturing. one of the things the republicans are waking up to is the vast majority of what's going to happen at the end of this year will affect what they want. when you look at it, it's 2/3...
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Nov 7, 2012
11/12
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you may be shocked to hear this, but there's not a big constituency in washington, d.c., for smaller government. >> great point. >> so you got the other two-thirds of the 60% of the race, romney is going to do very well down there. but i believe the key to the state is whether romney cuts obama's margin below a certain level in the northern virginia suburbs and i think he has a good chance to do that. >> is there a state, governor, you will be watching most closely on behalf of the romney campaign that you feel he must win? >> well, there's not a state that he must win, but if he does the things that make sense, wins indiana, north carolina, florida and virginia, then the next state has to be ohio or he has to replace ohio. he can do that with pennsylvania, he can do it with wisconsin, plus colorado, he can do it with wisconsin plus new hampshire. so ohio has been -- has been called the big deal for months and months because it is the big deal. >> do i sense that you feel pretty confident about florida? >> i do. i do feel good about florida. >> what makes you feel good about florida?
you may be shocked to hear this, but there's not a big constituency in washington, d.c., for smaller government. >> great point. >> so you got the other two-thirds of the 60% of the race, romney is going to do very well down there. but i believe the key to the state is whether romney cuts obama's margin below a certain level in the northern virginia suburbs and i think he has a good chance to do that. >> is there a state, governor, you will be watching most closely on behalf...
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Nov 30, 2012
11/12
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he should be in washington, d.c. working with the other congressional leaders to get something done. >> he obviously did put something on the table yesterday. the reviews of which have not been universally good. is this an attempt to smoke the republicans out and get you to start tabling some specific measures of your own? some dollar figures of your own, something the speaker was unwilling to do yesterday? >> well, the proposal came forward yesterday really is a joke. it's not much of a starting point from the other side of the coin here. clearly the president said over and over again he wants a balanced approach in terms of dealing with our current fiscal situation. to be balanced, he needs to come forward with significant spending reduction positions. so far just saying he wants to at some point in the future look at cutting $400 billion when under his own budget from last year would create a $6 trillion deficit over the next ten years, that's really a very poor start to his negotiation position. >> i keep hearing
he should be in washington, d.c. working with the other congressional leaders to get something done. >> he obviously did put something on the table yesterday. the reviews of which have not been universally good. is this an attempt to smoke the republicans out and get you to start tabling some specific measures of your own? some dollar figures of your own, something the speaker was unwilling to do yesterday? >> well, the proposal came forward yesterday really is a joke. it's not much...
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Nov 27, 2012
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and washington either provides or it doesn't. how much is borne locally and -- that's a subject to negotiations. >> what is that number? in the 42 billion that cuomo is talking about? >> i think he's talking about 9 in new york and another huge number for 42 for the state. it's unclear. >> i want to know how much of that is -- that seems like a big number. >> it's a big number. >> i thought about connecticut. connecticut was -- >> how do i respond to you without dissing louisiana? it's new york. more expensive homes. people more packed together. more power outages. everything is bigger and more expensive here. >> i've seen the devastation in shore areas. you've seen it. think about new york city and manhattan being swamped. >> you remember hurricane andrew which flattened homestead down in florida. there were parts of new jersey and long island that look like that. >> not nearly the size -- houses down there were $150,000 a piece. the homes that were destroyed up here were millions of dollars a piece. >> that's what i'm saying. i
and washington either provides or it doesn't. how much is borne locally and -- that's a subject to negotiations. >> what is that number? in the 42 billion that cuomo is talking about? >> i think he's talking about 9 in new york and another huge number for 42 for the state. it's unclear. >> i want to know how much of that is -- that seems like a big number. >> it's a big number. >> i thought about connecticut. connecticut was -- >> how do i respond to you...
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Nov 12, 2012
11/12
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>> people have the impression that washington, d.c. is dysfunctional and cannot resolve the great challenges that america has. and dysfunctional washington and cloud of uncertainty is hurting the whole economy. so the country wants to see particularly after this election that washington, d.c. can come together and solve problems. >> why have you not pulled back already? recognizing what you're saying, which is the uncertainty element even if it gets solved let's say by january 1st, it sounds to me like the uncertainty along the way will put you in a bunch of trouble. >> i believe the odds are much greater that it will get resolved and it is going to get -- >> when are you betting for to be resolved by? >> i think the process of resolving it is going to be completely different than the summer of 2011. i think there was a lot of lessons learned there by both sides. we're past the election. everyone knows the only time you can govern reasonably in this country is after a presidential election. and if you look at the signals from the vario
>> people have the impression that washington, d.c. is dysfunctional and cannot resolve the great challenges that america has. and dysfunctional washington and cloud of uncertainty is hurting the whole economy. so the country wants to see particularly after this election that washington, d.c. can come together and solve problems. >> why have you not pulled back already? recognizing what you're saying, which is the uncertainty element even if it gets solved let's say by january 1st,...
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Nov 17, 2012
11/12
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only about twice as big as washington, d.c., predominantly palestinian and the economy there is quite bad and unemployment is very high. globalfirepower.com has called israel the tenth most powerful military in the world. let's break that down and see why. they have compulsory military service. that means every young person must go into the military for a while. 176,000 active troops are available and they have about half million that they can call from reserves very quickly. ground sources also very impressive. 3,000 tanks if you count all the artillery pieces and mortar, you get about 12,000 units that can operate on the ground. of course, their air force is formidable about 800 aircraft out there, including some 200 helicopters. this is largely what they used to have these strikes within gaza. now, if you look at hamas, their forces are much smaller in terms of their official forces certainly. if you look at people who are really in uniform, soldiers, police, whatever you want to call it, 12,500 and, of course, nothing like the weapons that the israelis have. however, palestinian m
only about twice as big as washington, d.c., predominantly palestinian and the economy there is quite bad and unemployment is very high. globalfirepower.com has called israel the tenth most powerful military in the world. let's break that down and see why. they have compulsory military service. that means every young person must go into the military for a while. 176,000 active troops are available and they have about half million that they can call from reserves very quickly. ground sources...
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Nov 18, 2012
11/12
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washington can't keep ducking the tough decisions. and the fiscal cliff we're headed toward provides an opportunity for both parties to change our country's irresponsible spending path. >> both sides may have to give ground to get a deal. the white house and democrats have pushed for increasing income tax rates on the wealthy. republicans have preferred to focus on closing tax loopholes and eliminating deductions and tax credits. >>> coast guard patrol boats and helicopters still searching a 1400-square mile section for the gulf of mexico for two missing oil workers. they haven't been seen since friday, when an explosion tore through the oil platform where they were working. 11 workers were hurt in the blast. >>> a spokesman for black elk energy, which runs the platform, says the fire is out. federal authorities are investigating the cause of that. >>> nfl legend mike ditka has suffered what's been called a mild stroke. the former coach and hall of flame player told the "chicago tribune" he feels good and it's not a big deal. ditka is
washington can't keep ducking the tough decisions. and the fiscal cliff we're headed toward provides an opportunity for both parties to change our country's irresponsible spending path. >> both sides may have to give ground to get a deal. the white house and democrats have pushed for increasing income tax rates on the wealthy. republicans have preferred to focus on closing tax loopholes and eliminating deductions and tax credits. >>> coast guard patrol boats and helicopters still...
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Nov 17, 2012
11/12
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and you had missiles flying to new york city, washington, d.c., i'm sure the u.s. would have acted long before we waited, maybe too long. but now we are determined and we are calling for the talks to get ready and we're telling to the hamas leadership and to the people in egypt today. we cannot wait any more. >> let me ask you about the troops because, as you mentioned, the possibility of this ground campaign and israel has approved the call up of 75,000 reservists. do you see israeli troops going into gaza? under what circumstances? what would make that happen? >> prime minister netanyahu said it very clearly. the goal is to bring peace and quiet to the region. if the air strikes are not efishant and the hamas would not understand that we're talking business. we would not allow missiles to fly and we do not want to do it, but we cannot wait until we see more coming. only two days ago, three people and we see the picture and the hamas hurting the israeli children, but are using the palestinian children because they're hiding behind them, as well. >> let me ask you
and you had missiles flying to new york city, washington, d.c., i'm sure the u.s. would have acted long before we waited, maybe too long. but now we are determined and we are calling for the talks to get ready and we're telling to the hamas leadership and to the people in egypt today. we cannot wait any more. >> let me ask you about the troops because, as you mentioned, the possibility of this ground campaign and israel has approved the call up of 75,000 reservists. do you see israeli...
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athena jones, cnn, washington. >>> and cnn newsroom continues with fred. >> have a great day. >> i'm going to go home and turn back my clock before i forget. >> that's right. we'll see you an hour earlier tomorrow. thanks so much. appreciate that. the countdown is on indeed. election day is just three days away now. the presidential candidates are making a huge final push in the battleground states. today president obama campaigns in ohio, wisconsin, iowa and virginia. mitt romney stumping in new hampshire, iowa, and colorado. they're running mates are also going nonstop. vice president is in colorado and paul ryan is holding rallies in pennsylvania, virginia, florida, and ohio. so ohio indeed could be the biggest battleground of the election. the race there is very tight. a just released cnn/orc poll shows obama ahead by just three points, well within the margin of error. an nbc/"wall street journal" poll shows a wider gap with obama leading by six points. president obama is about to speak at a rally in mentor, ohio. he is at least in the building, we understand. and so is our white
athena jones, cnn, washington. >>> and cnn newsroom continues with fred. >> have a great day. >> i'm going to go home and turn back my clock before i forget. >> that's right. we'll see you an hour earlier tomorrow. thanks so much. appreciate that. the countdown is on indeed. election day is just three days away now. the presidential candidates are making a huge final push in the battleground states. today president obama campaigns in ohio, wisconsin, iowa and...
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Nov 16, 2012
11/12
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washington bureau chief for newsweek and daily beast. lauren ashburn is editor in chief of the daily download and contributor to the daily beast. you think we're overdoing it? >> i enjoy a good scandalous wallow as much as anyone. it's gotten so over the top where we're getting into the minor characters, jill kelley's twin sister. the reporting, soledad, it's so murky. 30,000 e-mails from general allen to jill kelley. they were flirtatious. no, they weren't. they called her sweetheart. it meant something. it didn't mean anything. >> and naked fbi -- >> shirtless. >> shirtless. you're right. naked, that would be a story. >> we have a job, one, to tell important stories it could have been with national security. i don't think it's gone in that direction. >> we don't know it's important yet. >> agreed. >> if there are classified documents involved, if there's a national security breach, yes. but there isn't. we just have a lot of e-mails. >> you have important stories and you also have things that people are talking about. and interested in
washington bureau chief for newsweek and daily beast. lauren ashburn is editor in chief of the daily download and contributor to the daily beast. you think we're overdoing it? >> i enjoy a good scandalous wallow as much as anyone. it's gotten so over the top where we're getting into the minor characters, jill kelley's twin sister. the reporting, soledad, it's so murky. 30,000 e-mails from general allen to jill kelley. they were flirtatious. no, they weren't. they called her sweetheart. it...
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Nov 16, 2012
11/12
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she's in our washington bureau. jill, the president said he'd like to put up a bill right away to extend tax cuts for families earning less than $250,000. that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's taking a harder stance is mitch mcconnell. let's listen to what he says from the senate side. >> we don't happen to think the government needs more revenue. the government spends too much as it is. if democrats are willing to reduce spending and strengthen entitlement programs, which we all know are on an unsustainable path that threatens our own long-term viability and the economic well-being of our children and grandchildren, then we'll be there. what we won't do is raise tax rates. >> okay. so read the fine print. raise tax rate
she's in our washington bureau. jill, the president said he'd like to put up a bill right away to extend tax cuts for families earning less than $250,000. that doesn't seem like it'll be a go for john boehner, does it? >> no, at least at this point it doesn't. after all, the republicans want those tax cuts to continue. that's really the nub of it. how far they'll go, it's a very important meeting. this is really it. this is where the president weighs in. it's mano a mano. the person who's...
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but my advice is for washington, d.c. to look out for the new stars in the obama coalition and the democratic coalition. people like ben jell lus put a million black votes into play, made the difference in ohio. the new star rising. tulsy gabbert, this young woman, going to be the first hindu elected to congress. she comes out of hawaii 31 years old. she won by 81% or something like that. the most votes ever gotten by percentage. she's the most popular politician already by the polls in hawaii. and, again, she's an iraq war combat veteran. democrats are attracting this kind of talent, this means we're going to be able to do pretty well going forward. watch out for tulsy. >> also got the first openly lesbian senator. >> i'm a good supporter of ben and tulsy. >> all right. there really are a lot of people that have emerged from the last two cycles. either entrepreneurship or within politics. i think there was a concern after '08 is that people became disillusi disillusioned. stay engaged. that's my advice. stay engaged. ele
but my advice is for washington, d.c. to look out for the new stars in the obama coalition and the democratic coalition. people like ben jell lus put a million black votes into play, made the difference in ohio. the new star rising. tulsy gabbert, this young woman, going to be the first hindu elected to congress. she comes out of hawaii 31 years old. she won by 81% or something like that. the most votes ever gotten by percentage. she's the most popular politician already by the polls in hawaii....
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Nov 17, 2012
11/12
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carol is a reporter at the washington post. thank you very much for joining us. >> happy to be here, gary. >> what do you know about agent fred rhumphries and why was he o motivated to investigate those e-mails. something like that should not and would not rise to an fbi probe? >> it's a great question, and what we found out was the way he was being described was really inaccurate. people had initially reported and republican leaders had described him as a whistleblower who came forward, complaining to cantor, house majority leader cantor's office because he was worried the fbi investigation that uncovered an affair by the cia director david petraeus was stalled for political reasons. it was implied he was concerned about the progress of this case and worried about it being shelved improperly. what we found in our reporting is sources very close to humphries and aware of his account, briefed on his information, tell us quite a different story about the agent. he's a tampa agent who had a long-standing sort of social acquaintanc
carol is a reporter at the washington post. thank you very much for joining us. >> happy to be here, gary. >> what do you know about agent fred rhumphries and why was he o motivated to investigate those e-mails. something like that should not and would not rise to an fbi probe? >> it's a great question, and what we found out was the way he was being described was really inaccurate. people had initially reported and republican leaders had described him as a whistleblower who...
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Nov 14, 2012
11/12
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this idea that this is not fixed in washington, it's fixed outside of washington. it will get fixed in washington but there's a lot of pressure now on the next five weeks or so to really get this done. >> so we expect any real outcomes? >> no. this is a make nice, president obama has to work hard to not look like he's working against the business community and yet at the same time understand he's putting enough pressure on them. >> if you would like to see them put pressure on congress as well -- >> these are donors to campaigns in many cases and there's a big risk between the president and the chamber of commerce, the u.s. chamber of commerce. they are not invited to this meeting so the president is working around his fiercest critics in the business world. >> ali velshi, great to see you. >> thank you for being here. >>> 25 minutes after the hour. two four-star generals, twin sisters, 30-pages of e-mails. america's longest war, is something going on here? a confusing mess in one of the strangest scandals to hit washington in recent memory. all the new details and
this idea that this is not fixed in washington, it's fixed outside of washington. it will get fixed in washington but there's a lot of pressure now on the next five weeks or so to really get this done. >> so we expect any real outcomes? >> no. this is a make nice, president obama has to work hard to not look like he's working against the business community and yet at the same time understand he's putting enough pressure on them. >> if you would like to see them put pressure on...
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Nov 14, 2012
11/12
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you look at george washington, what could a leader today say, wow, george washington did "x" and the takeaway for me is -- >> this is my third novel about george washington. and the message in all three of them is pretty straightforward. we don't have giant problems right now. we have challenges, we have things we've got to get done in 2013. but, washington had giant problems. i mean, they were taking on the greatest empire on the planet, by the time you get to the yorktown campaign they've been fighting for over six years. people are very demoralized. they're very exhausted. british are sitting in manhattan with the royal navy. washington can't drive them out. doesn't have the military capacity to do it. and he knows he can't just keep sitting around, he knows people are getting really tired. and they're going to start saying why don't we cut a deal? and so he takes a third of his army and sends it to the south, where they fight with general corn wallace the british commander and gradually wear him out and cornwallis decides to wait to be rescued by the british navy. our french alli
you look at george washington, what could a leader today say, wow, george washington did "x" and the takeaway for me is -- >> this is my third novel about george washington. and the message in all three of them is pretty straightforward. we don't have giant problems right now. we have challenges, we have things we've got to get done in 2013. but, washington had giant problems. i mean, they were taking on the greatest empire on the planet, by the time you get to the yorktown...
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we should march on washington and stop this travesty. he believed at this moment that -- >> he believed that the popular vote -- >> had gone to romney and -- >> even if that's true, that's the way the system work. >> hello, al gore. >> he has always been a colorful, deliberately outrageous guy. he is losing touch with any semblance of reality. this points to the larger point. people who don't like the way politics are going in this country, they challenge the unemployment numbers, the polls. remember, polls turned out to be right. in this case, they challenged the legitimacy of obama's le election. >> i was talking to wendy williams, on her show yesterday, which was so much fun. she says it's a mistake to even talk about donald trump because it kind of makes his platform bigger. let me play a little bit of what she said to me. >> has driven -- >> election night into election morning were insane. it's insane. >> i don't think that brian should have fed into it. >> he had to. >> donald trump, i like donald trump but he is like a junkyard d
we should march on washington and stop this travesty. he believed at this moment that -- >> he believed that the popular vote -- >> had gone to romney and -- >> even if that's true, that's the way the system work. >> hello, al gore. >> he has always been a colorful, deliberately outrageous guy. he is losing touch with any semblance of reality. this points to the larger point. people who don't like the way politics are going in this country, they challenge the...
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that obviously is going to come as relief to israel and washington. but that could anger the egyptian public, the arab world. that is increasingly frustrated and impatient as the violence escalates in gaza, wolf. >> all right, reza, thanks very much. our correspondent in cairo watching all of this unfold. >>> there are major implications for the united states in all of this. and the white house is certainly closely watching the crisis play out. we're going to tell you what president obama is doing about it right now. plus, a look at the likely consequences of an all-out ground war in gaza. they are very disturbing. i don't spend money on gasoline. i am probably going to the gas station about once a month. last time i was at a gas station was about...i would say... two months ago. i very rarely put gas in my chevy volt. i go to the gas station such a small amount that i forget how to put gas in my car. [ male announcer ] and it's not just these owners giving the volt high praise. volt received the j.d. power and associates appeal award two years in a r
that obviously is going to come as relief to israel and washington. but that could anger the egyptian public, the arab world. that is increasingly frustrated and impatient as the violence escalates in gaza, wolf. >> all right, reza, thanks very much. our correspondent in cairo watching all of this unfold. >>> there are major implications for the united states in all of this. and the white house is certainly closely watching the crisis play out. we're going to tell you what...
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there are a lot of people in washington who are prepared to negotiate. but there are a group of republicans who cannot compromise, because when you compromise to make a deal, you have got to actually give up something you believe in. and they have signed a pledge that they will not build -- give this up. so something has got to give, and i tell you, carol. if they don't compromise, whether it's the markets or the american people, someone will force a decision on them. >> it's just, you know -- it's the same old tired argument. it's just the same old, same old. >> reporter: it's really exhausting. >> you're right. we're going to think about happy things, because it's friday. thanks, ali, have a great weekend. >> see you, carol. >>> stim ahead, a question for you this morning. and it has to be about taxes, right? should obama or republicans blink on taxes, facebook.com/carolcnn. i'll be right back. ♪ ♪ hi dad. many years from now, when the subaru is theirs... hey. you missed a spot. ...i'll look back on this day and laugh. love. it's what makes a subar
there are a lot of people in washington who are prepared to negotiate. but there are a group of republicans who cannot compromise, because when you compromise to make a deal, you have got to actually give up something you believe in. and they have signed a pledge that they will not build -- give this up. so something has got to give, and i tell you, carol. if they don't compromise, whether it's the markets or the american people, someone will force a decision on them. >> it's just, you...
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and i think he has the hardest job in washington. he's got to negotiate with the white house and then he's got to negotiate with his republican caucus in congress. i'm not sure which of those two is harder. >> could he sell tax increases? could he sell letting the bush tax cuts expire for the wealthy to a republican house? >> i think it would be very, very difficult with his caucus. but we'll see. we'll see. you know, john when you're starting a negotiation, i think there's a few things that are off the table but both of them have to start from a place of yes, instead of a place of no. we'll see if that happens. >> in terms of where they're starting, paul krugman, a liberal editorial writer in "the new york times." and an economist himself, he has a column out today where he talks about what the democrats should be willing to do, willing to give up. it's called let's not make a deal. krugman says republicans are trying for the third time to use economic black mail to achieve a goal they lack the votes to achieve through the normal le
and i think he has the hardest job in washington. he's got to negotiate with the white house and then he's got to negotiate with his republican caucus in congress. i'm not sure which of those two is harder. >> could he sell tax increases? could he sell letting the bush tax cuts expire for the wealthy to a republican house? >> i think it would be very, very difficult with his caucus. but we'll see. we'll see. you know, john when you're starting a negotiation, i think there's a few...
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they came before our cameras yesterday in washington, john. they did talk about the election being a voice from the american voters for a call for compromise. and you heard both men talking about working together to fix the country's problems along with the president. but at the same time, you also heard both men laying down markers and both men disagreeing on whether whether it comes to the fiscal cliff the wealthy should be taxed. take a look at what they said. >> it won't solve the problem of our fiscal imbalance overnight. certainly won't do it in a lame duck session of congress. and it won't be solved simply by raising taxes or taking a plunge off the fiscal cliff. >> the vast majority of the american people rich, poor, everybody agrees that the rich, richest of the rich have to help a little bit. >> another disagreement, john boehner the house speaker talking about doing a framework but getting a new deal done with the new congress. harry reid saying let's not kick the can further down the road. negotiations really get under way next wee
they came before our cameras yesterday in washington, john. they did talk about the election being a voice from the american voters for a call for compromise. and you heard both men talking about working together to fix the country's problems along with the president. but at the same time, you also heard both men laying down markers and both men disagreeing on whether whether it comes to the fiscal cliff the wealthy should be taxed. take a look at what they said. >> it won't solve the...
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tom foreman, cnn, washington. >>> pets abandoned because of superstorm sandy. their owners and their homes may be gone, but the animals are still there. i'll take you along on a mission to save those missing pets. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. a regular guy with an irregular heartbeat. the usual, bob? not today. [ male announcer ] bob has afib: atrial fibrillation not caused by a heart valve problem, a condition that puts him at greater risk for a stroke. [ gps ] turn left. i don't think so. [ male announcer ] for years, bob took warfarin, and made a monthly trip to the clinic to get his blood tested. but not anymore. bob's doctor recommended a different option: once-a-day xarelto®. xarelto® is the first and only once-a-day prescription blood thinner for patients with afib
tom foreman, cnn, washington. >>> pets abandoned because of superstorm sandy. their owners and their homes may be gone, but the animals are still there. i'll take you along on a mission to save those missing pets. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps...
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she moved to washington, d.c. she opens up her store, her shop in washington. four months later meets mary todd lincoln. her son ends up enlisting in the war. he fights for the union. unfortunately he dies in his first battle. he fought in 1861. he could pass as white. her son passed as white. he went to fight for freedom. elizabeth tells the president a little bit about this when they have a scene together. >> how do you make your -- you've had such an interesting career. you starred in "e.r.." you've done a bunch of movies as well. you quit so you could go dance. >> actually, i didn't quit so i could go dance. that's a common misconception. i actually had asked to leave "e.r.." the role was fantastic. i always hold it close. it was very poignant. at that time a woman who was hiv positive, a heterosexual hiv positive woman. >> we all thought you left to go dance with tina turner. >> i knew i wanted to have more music in my life. i asked to leave the show. then i met tina. that's how -- i took the lead. >> how do you decide -- what rings a bell for you when you
she moved to washington, d.c. she opens up her store, her shop in washington. four months later meets mary todd lincoln. her son ends up enlisting in the war. he fights for the union. unfortunately he dies in his first battle. he fought in 1861. he could pass as white. her son passed as white. he went to fight for freedom. elizabeth tells the president a little bit about this when they have a scene together. >> how do you make your -- you've had such an interesting career. you starred in...
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if washington d.c. hasn't been able to get one representative to the house of representatives, can you imagine if puerto rico immediately abboted a high number? very complicated thing. >> do we know whether or not there is a favoritism in this? it congress leaning either way? >> there are hearings and conversation on it, but i don't see that this is something that congress is moving towards, and i think a lot of puerto ricans would want this to go in a certain way, and what they want is an answer. they want to know is puerto rico a colony of the u.s., or isn't it? that's part of the debate. many would like to be a state. others wouldn't. there's still not a clearance on that. >> all right. carlos lopez, thank you. >>> they are twins born in kenya the day after the american election, and their mom just named them in honor of the presidential candidates. ial was founded back in 1894, they've been committed to putting clients first. helping generations through tough times. good times. never taking a bailou
if washington d.c. hasn't been able to get one representative to the house of representatives, can you imagine if puerto rico immediately abboted a high number? very complicated thing. >> do we know whether or not there is a favoritism in this? it congress leaning either way? >> there are hearings and conversation on it, but i don't see that this is something that congress is moving towards, and i think a lot of puerto ricans would want this to go in a certain way, and what they...
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we're live in washington, d.c. president obama and mitt romney are both campaigning in the battleground states. on every poll it's too close to call. bill burton is former press secretary with the obama white house, co-founder and senior strategist of priorities usa action superpack. nice to see you. sorry not to have you in action this morning -- is that your phone? >> that is. so embarrassing. >> dude, seriously lseriously? this ain't your first rodeo. >> this is a close election, soledad. i got to be ready for any phone calls that come in. >> good try. did you expect it to be this close. >> absolutely. i think this whole race people now it was going to be this close. the good news for president obama, even though it's close he has a slight lead in almost all of the polls. the president is holding on the leads in the states he needs for 270 electoral votes. >> little teeny, weeny kind of leads. >> margaret hoover. two words i want to get your reaction for in ohio. independence and voter enthuse y yachl. are you w
we're live in washington, d.c. president obama and mitt romney are both campaigning in the battleground states. on every poll it's too close to call. bill burton is former press secretary with the obama white house, co-founder and senior strategist of priorities usa action superpack. nice to see you. sorry not to have you in action this morning -- is that your phone? >> that is. so embarrassing. >> dude, seriously lseriously? this ain't your first rodeo. >> this is a close...
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we're coming to you live from washington, d.c. as is tradition we already have the first results in in dixville notch, new hampshire. and for the first time in history, it's a tie. five votes for president obama. five votes for mitt romney. right now the polls are open in 26 states and in washington, d.c. among them, key swing states of pennsylvania, ohio, and virginia. just a few minutes ago we showed you vice president joe biden, and the second lady, dr. jill biden, voting in wilmington, delaware. in just a moment i'll be talking with president obama's senior adviser, david axelrod. first though let's get right to john berman with a look at what's happening on the campaigns today. >> thanks so much, soledad. the polls are open in the president's home state of illinois. of course the president has already voted. so he will spend election day in chicago, after a busy final day delivering his closing remarks to voters in iowa and other states. cnn's dan lothian is following team obama in chicago and the president's got kind of a tr
we're coming to you live from washington, d.c. as is tradition we already have the first results in in dixville notch, new hampshire. and for the first time in history, it's a tie. five votes for president obama. five votes for mitt romney. right now the polls are open in 26 states and in washington, d.c. among them, key swing states of pennsylvania, ohio, and virginia. just a few minutes ago we showed you vice president joe biden, and the second lady, dr. jill biden, voting in wilmington,...
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we're coming to you live from washington, d.c. with, our special coverage. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. 100% new. 100% mmm... wow, that is mmm... it's so mmm you might not believe it's a hundred calories. new yoplait greek 100. it is so good. new yoplait greek 100. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. [ woman #2 ] even my laundry started to get a funny smell. [ female announcer ] just three uses of tide washing machine cleaner w
we're coming to you live from washington, d.c. with, our special coverage. ♪ atmix of energies.ve the world needs a broader that's why we're supplying natural gas to generate cleaner electricity... that has around 50% fewer co2 emissions than coal. and it's also why, with our partner in brazil, shell is producing ethanol - a biofuel made from renewable sugarcane. >>a minute, mom! let's broaden the world's energy mix. let's go. 100% new. 100% mmm... wow, that is mmm... it's so mmm you...
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ambassador chris stevens at an awards ceremony tonight in washington. stevens was killed in the september attack on the u.s. consulate in benghazi, libya. honoring outstanding accomplishments in conflict, resolution and negotiation. >>> former arizona representative gabby giffords and husband mark kelly will be on hand in a tucson courtroom when the man who shot giffords receives his sentence. kelly is expected to read a statement during that hearing. 24-year-old jared lee laughner murder murdered six people. giffords and 12 others were wounded. he will be sentenced as part of a plea deal arranged in august. that will be an emotional day. >> that must be terrible. >>> president obama looking at the next four years even as the votes in florida are still being counted. republicans are examining what went wrong in their bid to win the white house. many people are pointing to the minority vote. lynndie graham talked about it last night when he was chatting with anderson cooper. here is what he said. >> i just think the honest truth is that we have a demogra
ambassador chris stevens at an awards ceremony tonight in washington. stevens was killed in the september attack on the u.s. consulate in benghazi, libya. honoring outstanding accomplishments in conflict, resolution and negotiation. >>> former arizona representative gabby giffords and husband mark kelly will be on hand in a tucson courtroom when the man who shot giffords receives his sentence. kelly is expected to read a statement during that hearing. 24-year-old jared lee laughner...
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. >> i'm joe johns in washington. and this is florida, the biggest of the battlegrounds you've heard so much about that almost certainly will decide the next president. don't forget senators, representatives, governors, referendums ballots from sea to shining sea. we'll cover them all, day and night, as long as it takes. >> republican presidential hopeful mitt romney cast his ballot. here he is with his wife this morning in massachusetts. but right now, he's in cleveland, for a meet and greet with campaign volunteers. need i say, folks, ohio, later he will be visiting pennsylvania. just outside of pittsburgh. >> vice president biden voted this morning in delaware and once again suggested this would not be his last election. just moments ago, we learned he, too, has stopped in cleveland en route to chicago. that's where the president is, mr. obama cast his ballot early, freeing him up for last-minute phone bank duty at a chicago field office. >> national elections are complicated in the best of times. and in new york c
. >> i'm joe johns in washington. and this is florida, the biggest of the battlegrounds you've heard so much about that almost certainly will decide the next president. don't forget senators, representatives, governors, referendums ballots from sea to shining sea. we'll cover them all, day and night, as long as it takes. >> republican presidential hopeful mitt romney cast his ballot. here he is with his wife this morning in massachusetts. but right now, he's in cleveland, for a meet...
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. >>> let's get to washington now, where a pretty fiery president obama ready to take off the gloves, if the republicans want to fight. the president clearly stating two key demands during his first news conference, ever since winning re-election. the first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford, and according to economists, will have the least positive impact on our economy. >> the president also making clear that he has susan rice's back. that's his ambassador, the embattled u.s. ambassador to the united nations. initially she said that that september 11th attack on the u.s. consulate in benghazi began as a spontaneous protest against an anti-islam film. well, now two top-ranking republicans are vowing to block her nomination if, in fact, she is picked to be the next secretary of state. that had the president very anger. here's what he said. >> if senator mccain and senator graham and others want to go after somebody, they should go after me. >> white house correspondent dan lothian is in w
. >>> let's get to washington now, where a pretty fiery president obama ready to take off the gloves, if the republicans want to fight. the president clearly stating two key demands during his first news conference, ever since winning re-election. the first on taxes and the fiscal cliff. >> but what i'm not going to do is to extend bush tax cuts for the wealthiest 2% that we can't afford, and according to economists, will have the least positive impact on our economy. >>...
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we're coming to you live from washington, d.c. this morning. election drama could extend well beyond today's vote, for example, there's a possibility of an electoral college tie, 269-269. in the unlikely event that that happens, tom foreman has a blow-by-blow of the rules that would determine who becomes president and who becomes vice president. take a look. >> reporter: hey, soledad, even if every single state out there votes as anticipated, each one of these liens represents a way in which the battleground states could come together to produce an electoral tie, 269 votes for each of the candidates. if that happens, everything changes. here's rule number one. the incoming house of representatives would pick the president. that's right. after all this voting, all the ads, all the billions of dollars spent, the folks who are going to gather in this chamber in january would then have the task of deciding on who the president is going to be. rule number two. one vote per delegation or one vote per state. this is actually a big deal. let me bring i
we're coming to you live from washington, d.c. this morning. election drama could extend well beyond today's vote, for example, there's a possibility of an electoral college tie, 269-269. in the unlikely event that that happens, tom foreman has a blow-by-blow of the rules that would determine who becomes president and who becomes vice president. take a look. >> reporter: hey, soledad, even if every single state out there votes as anticipated, each one of these liens represents a way in...
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the gaza strip is twice as big as washington, d.c. but it has three times as much population as washington, d.c. yesterday, the israelis dropped a bomb on a building with objective of killing supposedly a hamas commander. they ended up killing 11 people from one family, including four children under the age of 10. so, israel has a very sophisticated military and they are causing these innocent civilian deaths. >> we are doing to talk more about those four children later in the program, but ambassador, i wanted to share a poll with you and get your point of view on what this means for you. we here asked americans in the middle east who are your sympathies more with. 59% said their sympathies are with israel. 13% say they are with the palestinians. what does this mean for you? i mean, that is i think to describe it as an uphill battle is not even the right word. >> my personal experience with americans is definitely is contrary to this kind of poll. i talk to americans, i talk to ordinary americans and find a lot of sympathy with the pa
the gaza strip is twice as big as washington, d.c. but it has three times as much population as washington, d.c. yesterday, the israelis dropped a bomb on a building with objective of killing supposedly a hamas commander. they ended up killing 11 people from one family, including four children under the age of 10. so, israel has a very sophisticated military and they are causing these innocent civilian deaths. >> we are doing to talk more about those four children later in the program,...
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here is washington, d.c., your suburbs across the river. as you move to the suburbs here, you're getting into the excerpts here. this is it traditionally republican territory meaning when george bush won in 2004, this was red. governor romney to be competitive needs to turn it red tonight. could this be blue at the end of the night like this 2008 and romney still win virginia? yes, it could be. but the margins would have to be much, much smaller. if you look at the 2008 margin, this is prince william county, 58-42. there is no way governor romney could be competitive if he's losing that much in prince william county. he hopes this is red. if nothing else, has to run closer in the suburbs. if you look at 2008, see all this out here? see all this red? guess what? because of the population up here, the president won virginia by 234,000 votes. the president won northern virginia by 234,000 votes. they tied. and the rest of the state, you see all this red, you think this is john mccain. you think john mccain has to be running up huge numbers her
here is washington, d.c., your suburbs across the river. as you move to the suburbs here, you're getting into the excerpts here. this is it traditionally republican territory meaning when george bush won in 2004, this was red. governor romney to be competitive needs to turn it red tonight. could this be blue at the end of the night like this 2008 and romney still win virginia? yes, it could be. but the margins would have to be much, much smaller. if you look at the 2008 margin, this is prince...
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only about twice as big as washington d.c. predominantly palestinian. the economy there is quite bad, and unemployment is very high. fwloebl firepower.com has called israel, the tenth most powerful military in the world. let's break that down and see why. they have compulsery military service. that means every young person must go into the military for a while. 176,000 active troops are available, and they have about a half million that they can call from the reserves very quickly. ground forces also impressive. some 3,000 tanks. you can't all the artillery piece and you get about 12,000 units that can operate on the ground, and, of course, their air force is formidable. about 800 aircraft including some 200 helicopters. this is largely what they've used to have these strikes within gaza. now if look at hamas, their forces are much smaller in terms of their official forces certainly. if you look at people who are really in uniform, soldiers, police, whatever you want to call it, about 12,500. of course, they have nothing like the weapons that the israel
only about twice as big as washington d.c. predominantly palestinian. the economy there is quite bad, and unemployment is very high. fwloebl firepower.com has called israel, the tenth most powerful military in the world. let's break that down and see why. they have compulsery military service. that means every young person must go into the military for a while. 176,000 active troops are available, and they have about a half million that they can call from the reserves very quickly. ground...
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it is basically twice the size of washington, d.c. if there is a large buffer zone that means lots of agricultural land will be simply out of operation. on the other hand, israel also wants a complete end to arms smuggling. hamas isn't necessarily opposed to that, at least in theory, but their attitude is they do not control every militant group in gaza. there are others like islamic jihad which to a certain extent are out of hamas' control and therefore hamas is hesitant to make any sort of guarantees about an end to the smuggling of arms into gaza. deborah? >> sure. certainly a region where every square inch counts. ben wedeman, thanks so much. >>> well, coming up at the top of the how anderson cooper hosts special coverage of this conflict live from gaza. that's 3:00 p.m. eastern, right here on cnn. >>> and up next, as truce talks with under way in egypt, anger on the border, protesters furious and they're taking their flight to a narrow strip of land that borders gaza. we're going to be taking you there. >>> as the conflict escala
it is basically twice the size of washington, d.c. if there is a large buffer zone that means lots of agricultural land will be simply out of operation. on the other hand, israel also wants a complete end to arms smuggling. hamas isn't necessarily opposed to that, at least in theory, but their attitude is they do not control every militant group in gaza. there are others like islamic jihad which to a certain extent are out of hamas' control and therefore hamas is hesitant to make any sort of...
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about 45 minutes, an hour away from washington. if governor romney wins prince william county, he's competitive in the state of virginia. president obama won with 58% here four years ago. louden county next door, the president got 54%. at the moment, this year, mitt romney's carrying these two exurban counties. the question is, what's the margin in here and what happens as we start to get closer to washington, we expect the president to run up big numbers in the population centers here. at the moment, he's holding his own. >> i want to go to gary tuchman outside of richmond, virginia, watching what's going on. what are you seeing? >> reporter: this is henrico county, a battleground county in this battleground state. barack obama won it in 2008, the first time a democrat had won this county since 1964. same with virginia as a whole. these are the raw numbers in my hand. 93 precincts in this county, 25% of them have now reported and with the 25% that have reported, barack obama has 15,773. mitt romney, 14,120. this pencil you see, i
about 45 minutes, an hour away from washington. if governor romney wins prince william county, he's competitive in the state of virginia. president obama won with 58% here four years ago. louden county next door, the president got 54%. at the moment, this year, mitt romney's carrying these two exurban counties. the question is, what's the margin in here and what happens as we start to get closer to washington, we expect the president to run up big numbers in the population centers here. at the...